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is going to break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. it's a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall street journal" saying that this is a $200 billion plan, $200 billion worth of tax breaks for businesses. it would speed up the writeoff, for example, bill, you spend $10,000 on a computer right now, and immediately, that $10,000 comes off your business income, taxable business income. overall, no new jobs created immediately, some say that this is the president scrambling because his polls on the economy are looking very, very bad, and both of those plans would require a vote in congress, which is not likely. bill: wow, so here we are, post labor day. i can't think of a bigger issue in the co
the primary election results. so we hope you join us tomorrow morning. now over to america's newsroom. breaking news from overseas this, woman here, an american hiker, held in iran in an iranian jail for more than a year, now said to be a free woman. an iranian attorney for syria s -- shourd confirming that fox news that iran has released its client, after arresting her and two companions last year, they've been held ever since, the three apparently crossing into iran, that's the allegation, while hiking in northern iraq. more on this in a matter of moments, it's just crossing the wires right now, it's breaking news here in "america's newsroom". >>> in the meantime, this is battle royale, huh? a major battle shaping up over your taxes taking shape on capitol hill, this the debate over whether or not to extend the bush tax cuts, pitting republicans again the president. good morning, everybody, it's a busy tuesday, huh? i'm bill hemmer, good morning, welcome to "america's newsroom". martha: good morning, bill, good morning, everybody. i'm martha maccallum. senate minority leader mitch m
, everybody, i'm bill hemmer, welcome to america us newsroom. martha: short weekend for us good to see you here, good morning, i'm martha mcoccasionum. one of the highest researchinging republicans in the house says if it is the only option, he will go along with the president. we're talking, of course, about house minority lead john boehner, he got a lot of attention over the weekend with this one, he says he will go for allowing the bush tax cuts to end just for the middle class if that's all he can get, even though he he and her republicans think it would be bad to raise the taxes on anybody. listen to this: >> if the only option i have is to vote for some of those tax reductions, i'll vote for them. but i've been making the point now for months that we need to extend all the current rates for all americans, if we want to get our economy going again and we want to get jobs in america. >> so you are saying you would vote for the middle class tax cuts if that's all you can get done? >> if that's what we can get done, but i think that's bad policy. i don't think that's going to help our ec
van, rescuers required to use the jaws of life. the driver of that mini van, reportedly taken to a hospital for treatment. there's one report out of boston that says brady went to gillette stayed tpoupl morning workouts. more from boston. there's the intersection now. more from boston as we get it. breaking news on "america's newsroom". >>> you want headline? here's the headline for you, america. is the u.s. losing its competitive edge? now ranking fourth among 139 countries. the world economic forum citing a trillion dollars decifit, public distrust of government, and rising debt as the reasons for that slide. $13 trillion, that's a lot of numbers. good morning, everybody, i'm bill hemmer. welcome to "america's newsroom". martha: good morning, thank you for starting our morning that way! you don't even get a medal -- a medal in fourth place! you know who has replaced us? switzerland. i kid you not. bill: not even a bronze. we've got brand new jobless numbers in, the labor department reporting $451,000 people filed for first-time unemployment claims in the past week. stu varne
on in the election period. bill: are you at a hardware store, and small business in america, they have told us repeatedly they've been ignored. as we reflect in 2010 on the differences for the first contract in 1994, how different is it, shannon? >> reporter: well, even in just a rollout bill that you can see, that rollout back in 1994, contract with america, was on the steps of the u.s. capitol, everybody was in a suit and tie, there were dozens of lawmakers and candidates who actually physically signed on to this pledge, these ten items. today, we're out in suburban virginia, outside of washington, it's at a lumber yard, and this rollout today is going to start with a small business round table, they it's all about focusing on jobs, the economy, the folks we've seen here this morning, congressmen and women, they're not in suits and ties, they've got their shirt sleeves rolled up and are ready to get down to business. they want this to be a different rollout. they say a lot of the ideas are parallel from 1994 but they say this time they listened to the american people, they say these ideas co
others will join us. >> gretchen: log on for our after the show show. it's been a busy day here. continue to watch us throughout the day. >> brian: i'm gog take this. >> ladies and gentlemen, the people of delaware have spoken! [applause] no more politics as usual! bill: just about seven weeks ago now, the stage is finally set for november, we saw a big win for the woman you just heard from, christine o'donnell, a virtual unknown until she won the backing from the tea party and then she kwrobgd off long time congressman mike castle who has never lost a race in his home state of delaware. there are numerous story lines this morning. we love these mornings here, hime bill hemmer, welcome to "america's newsroom". how you doing, martha? martha: doing well, bill. it was a big night, almost double the turnout, also a factor here, o'donnell on the gop ticket, she will run for joe biden's seat in delaware. listen to this: >> a lot of people have already said that we can't win the general election. it is the same -- yes we can! >> yes, we can! >> it is the same so-called experts who sai
. >> reporter: that's us, excellent idea. he will finish that up. bill: good morning everybody on a monday, a fox news alert, terrorists going dark, feds say they are losing their ability to track the chatter terror online because those looking to attack the country are moving to the internet. the white house drafting sweeping regulation has would give the government unprecedented access to some of the most popular web sites. they want broader internet authority to keep up with the tech savvy terrorists. this is developing at the moment here on america's newsroom. the pentagon saying the contents of an afghan's veteran's book may be a threat to national security. the government used taxpayer money to buy thousands of copies of that book and burn it. 9500 copies. good morning, everybody, i'm bill hemmer, welcome to america's newsroom on monday. hope you had a great weekend. martha: good morning, everybody at home i'm martha maccallum. sources are telling fox this morning that the defense department spent 45 grand on these books to get them out of circulation and then they burned them. so wh
will join us for the after the show show. log on for our after the show show right now. >> peter: see you tomorrow, folks. economy, here's the weekly drum beat on jobs in america, 450,000 americans filing for first time unemployment benefits last week, that's down just a notch, down about 3000 from a week earlier, still not nearly enough to ease concerns on the economy. much more on that as we get rolling right now here in "america's newsroom". >>> there are new cracks showing in the democratic ranks ahead of the midterm elections over the hot issue of the bush tax cuts expiring. this is picking up by the day. good morning, everybody, i'm bill hemmer, live in "america's newsroom". how you doing, martha. martha: hi everybody, i'm martha maccallum. president obama facing growing opposition from members of his own party. this is the hot issue of the day, folks, over raising taxes on the highest earners in this country. now, some democrats, asking if that move, if raising it for the wealthy, could cause more harm than good. listen to this: >> so raising anyone's taxes at this moment in time i
maccallum, good to have you with us this morning. midterm elections are two months away and the president is expected to say that the bush tax cuts will be extended for some but not for all americans. bill: also martha is former budget director who was in the job a few months ago who said this is not a good idea, ready for a stalemate are new what's new. stuart varney, fox business network, host of varney & company. first the news, what do we expect to hear on the economy? >> today the president goes to cleveland, he is going to be pushing for a $200 billion tax credit plan, part of the overall stimulus program, he's going to get personal, he's going to talk about his own financial struggles, to use that as a way to leverage off on the economy front. that's what's going to happen today, bill. you mentioned stalemate there, and that's exactly what we've got. in a nutshell, if you look at overall policy, you do have stalemate. here's what you've got: you've got the president, he wants to spend, republicans and some democrats do not. the president wants to tax, republicans and some democrats
us know how things change throughout the morning. jonathan serrie is there at kill devil hills in north carolina. martha: from new york up to new england were expecting strong winds that could cause a lot of damage and injuries as well. fox filliate reporter andy fox filed this report. check it out. >> reporter: we have 45-55-mile-per-hour gusting winds. this is the most severe wind we have had so far. the sand is kick up. we have the surf. when just had a big wave couple and crash on the sand banks. that's the latest from here. highway 12 closed at bonner bridge. i think the wind just blew out my contact. it's in my eye but it's not on my eye. martha: hate it when that happens. make the best of a tough situation. when it goes from a 4 to a 2, people say, gee. and we have seen a tropical storm turn into a 2 hurricane. it's a very big deal. bill: we are waiting for a category 5 hurricane off the coast of jacksonville. in the hours before it strikes it drops from a 5 to a 2. we think the danger is past. it moves up the coast to north carolina and hangs there for a week and floods
Search Results 0 to 9 of about 10

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